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9 February, 15:13

What is the laissez-faire policy

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  1. 9 February, 15:21
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    A government is laissez faire when it has a minimal role in the regulation of the economy. For example, a laissez faire government would impose minimal to no regulations on labor or trade, and have minimal taxation.
  2. 9 February, 15:22
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    A policy that let owners of industry set working conditions without government interference
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